Sebi cautions investors as Strata SM REIT surrenders registration
The decision came after the markets regulator reviewed “certain legal proceedings against the promoter of a Sebi-registered SM REIT — Strata SM REIT.
Knowledge Realty Trust gets CCI nod to acquire entities of Blackstone, Sattva Group
Knowledge Realty Office Management Services is a Sebi-registered REIT engaged in the business of owning and/or operating a portfolio of rent or income-generating real estate assets and related income-generating assets.
Over 8,000 flat registries in nine Greater Noida projects stuck over ₹400 crore dues
While land parcels for the projects were allotted between 2007 and 2011 when Greater Noida offered a 2.75 FAR, developers redrew maps and got them vetted by UPSIDA again after…
Macrotech Developers ‘seriously’ looking for land to enter Delhi-NCR
Mumbai-based Macrotech Developers, which sells properties under the ‘Lodha brand’, is one of the leading real estate firms in the country. At present, the company has a presence in the…
Hyderabad I-T commissioner, Shapoorji Pallonji employee, others arrested in bribery case
Jeevan Lal, a 2004 batch Indian Revenue Service officer, is the son of BRS ex-MLA Ramulu Naik. The arrested Shapoorji employee was identified as Viral Mehta, deputy general manager (taxation).
L&T Realty acquires 34-acre land parcel in Panvel near Mumbai
Until now, L&T Realty has exclusively followed joint development agreements (JDAs) and joint venture (JV) partnerships to expand its portfolio, avoiding direct land acquisition.
Over 7,500 cases pending with Maharashtra RERA
A large number of complaints have burdened the limited number of MahaRERA benches. Around 7,500 complaints are pending with the authority.
Retrofitting can unlock ₹1.2–1.6 lakh crore in asset value across Indian offices: CBRE
To realise this potential, the total investment required is estimated between ₹30,000–40,000 crore, depending on the scale and scope of enhancements, according to the report by CBRE.
TCS leases over one million sq ft of office space in Hyderabad
The lease spans all 19 floors of the building, from ground to the 18th floor, at a monthly rent of Rs 43 per sq. ft., totalling around Rs 4.37 crore…
Amazon India entities lease over one lakh sq ft office space in Mumbai
The lock-in period is set at 48 months for the licensees, and for the entire lease duration in the case of the licensor. The agreements were registered on April 30,…
